REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,309 (target)

4216 Bolick Rd, Lenoir, NC 28645

3 beds • 3 baths • 2536 sqft

Email

This property looks like a bad Mid-Term investment with a projected -15.25% first-year return on $186k initial cash invested.

-15.25%

Cash On Cash

2.63%

Cap Rate

0.44

DSCR

$3,309

Rent

-$2,368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,309 income − $5,677 expenses = $2,368 out of pocket

Income$3,309Out of Pocket$2,368Mortgage P&I$3,991121%Property Taxes$3009%Insurance$2628%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%

Investment Breakdown

|

Purchase Price

$802k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$8,018

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,309

Total Expenses

$5,677

Mortgage P&I

121%

$3,991

Property Taxes

9%

$300

Home Insurance

8%

$262

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis